Or. Admin. R. 160-050-0190

Current through Register Vol. 63, No. 6, June 1, 2024

Section 160-050-0190 - Definitions and Abbreviations

(1) Where terms used in this rule are not explicitly or completely defined in ORS 80.100 or herein, definitions and usage of terms from the references are applicable.

(2) "EFS": An effective financing statement relating to farm products.

(3) "Debtor": For purposes of this rule, the term "debtor" shall mean any person subjecting farm products to security interests, even if such person does not owe a debt to the secured party but is subjecting farm products to a security interest for the debt of another.

Or. Admin. R. 160-050-0190

SD 33-1986(Temp), f. 12-5-86, ef. 12-24-86; SOS 1-1987, f. & ef. 1-2-87; PRD 1-1989, f. 12-12-89, cert. ef. 1-1-90, Renumbered from 164-050-0020; CORP 1-1993, f. 12-29-93, cert. ef. 1-1-94; CORP 1-2008, f. &cert. ef. 1-15-08

Stat. Auth.: ORS 79.6020 - 79.7010

Stats. Implemented: ORS 79.6030